Back in June, Hyundai revealed the Grandmaster Concept SUV at the Busan Motor Show. With design cues inspired by the stunning Le Fil Rouge HDC-1 sedan concept, it could hint that the Korean automaker is working on a new flagship SUV to slot above the Kona, Tucson, and Santa Fe.

Recent trademark filings also suggest Hyundai's future full-size SUV could be called the Palisade, while rumors suggest it will be revealed next year and ride on the upcoming Kia Telluride's platform. However, Car Sales claims that Hyundai is also working on a second SUV that's even larger and more rugged. According to the Australian publication, Hyundai sees the hardcore SUV as a rival to the popular Toyota Land Cruiser.

No potential names have been suggested for Hyundai's full-size SUV, and it isn't clear if it will share the monocoque chassis of the Hyundai Palisade and Kia Telluride or a ladder chassis to make it a serious off-roader. Hyundai has previously tackled the off-roading segment with the rugged Terracan, but it wasn't sold in America and only lasted a generation.

Several powertrains are apparently being considered for the new full-size SUV. One likely option is the Kia Stinger's 3.3-liter twin-turbo V6 that produces 365 hp, which is also expected to power the Hyundai Palisade. Hyundai's 420-hp 5.0-liter V8 could also be used for models sold in the Middle East. While the Palisade is expected to arrive in the US in 2019, Hyundai's rugged SUV isn't expected to enter production until 2022, but it isn't known if it will be sold Stateside.